The first year of the Wilson Labour government was one of timid attempts to fulfil the electoral promises of reforms which, however were being wrecked by the sharp reaction of the capitalists. Wilson would soon abandon any further attempt to carry out reforms, buckling under the pressure of the capitalists, paving the way for the disastrous defeat of Labour in 1970. Ted Grant in this pamphlet destroyed the phoney justifications of the Labour leaders for their cowardly policies and reaffirmed the need for socialist policies. The content of this pamphlet is as relevant, if not more relevant, today than when it was first written.